SpaceX has shifted 1,163 Bitcoin, worth about $105 million, into a new wallet, just about a month after it transferred another large batch of 1,215 Bitcoins, valued at $133.7 million, to another address.
After the latest transfer, SpaceX’s wallet now holds 6,095
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4.26%
Bitcoin
BTC
Price
$90,778.12
4.26% /24h
Volume in 24h
$48.23B
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, worth nearly $553 million. As per BitcoinTreasuries, even after the latest transfer, SpaceX is currently the fourth-largest private company holding Bitcoin.

(Source: BitcoinTreasuries)
Per Arkham’s data, the wallet was inactive for quite a while till activity resumed again in July 2025. At one point in 2022, SpaceX held as much as 25,000 Bitcoin, but later reduced its balance to the current level.
SpaceX(@SpaceX) transferred out another 1,163 $BTC($105.23M) 2 hours ago, possibly to Coinbase Prime for custody.https://t.co/zW62EKM2RD pic.twitter.com/vrbu6tPGR4
— Lookonchain (@lookonchain) November 27, 2025
Meanwhile, there hasn’t really been any explanation from the company as to why it moved the funds. X sleuths believe that the transfers are more about improving custody rather than selling.
One user commented that a major move like this signals that SpaceX is positioning for something. “Could be routine custody, but it still adds a layer of uncertainty you don’t want to ignore,” the user said.
For months, the SpaceX wallets sat perfectly still, no transfers, no experiments, no hints of intent. Then, just six hours ago, the silence broke. Without warning, 1,163 $BTC , over $105 million, was pushed out of storage and split between two completely fresh addresses. No… pic.twitter.com/QNW7L0sXgu
— EyeOnChain (@EyeOnChain) November 27, 2025
So far, the new wallets haven’t sent out any Bitcoin, interacted with exchanges, or shown any sign of liquidation. However, as one user noted on X, “When institutions like SpaceX move Bitcoin, they don’t do it impulsively. The market may need time to understand the purpose, but the signal is already there. Quiet transfers sometimes speak louder than announcements.”
In the meantime, Tesla, another company owned by Elon Musk, holds a large Bitcoin stash of 11,509 BTC, worth about $1.05 billion.
EXPLORE: Top 20 Crypto to Buy in 2025
Crypto Liquidity Will Reverse Soon: Cathie Woods
Cathie Wood, CEO of ARK Invest, believes that the current liquidity crunch affecting crypto and AI markets will ease within a few weeks. She believes that the Federal Reserve will make three policy changes before the end of the year that will help restore liquidity.
ARK Invest is heavily buying the dip. This week alone, the investment firm spent more than $93 million on crypto-related stocks that have been reeling since the last couple of weeks.
In this recent webinar, I discuss why the liquidity squeeze that has hit #AI and #crypto will reverse in the next few weeks, something the markets seemed to buy, and why AI is not in a bubble. The 123% increase noted below was in Palantir’s US commercial business last qtr.
Watch… https://t.co/GdBZtEQcxM
— Cathie Wood (@CathieDWood) November 26, 2025
Her optimism regarding crypto has held firm through the downturn witnessed by the broader crypto market. Bitcoin, for instance, dropped below $88,000 in November after creating an ATH of $126,000 in October.
Similarly, other crypto-linked stocks are witnessing their steepest monthly losses since early 2024. At the same time, Wood has trimmed her 2030 Bitcoin price forecast from $1.5 million to $1.2 million after reviewing how fast stablecoins were growing in emerging markets.
ARK Invest’s Cathie Wood: "Given what’s happening with stablecoins, which are serving emerging markets in ways we thought Bitcoin would, I think we can take 300K off of our Bitcoin projection. We are starting to see institutions focus on new payment rails with stablecoins at the… pic.twitter.com/3LNUb9TdQu
— Crypto-Gucci.eth ᵍᵐ
(@CryptoGucci) November 6, 2025
Strategy’s Michael Saylor, in the meantime, pushed against her view. He described Bitcoin as being digital capital and stablecoins as digital finance. On CNBC, he added: “No rich person wants to buy the currency instead of an equity or a real estate or a capital asset.”
EXPLORE: Best New Cryptocurrencies to Invest in 2025
Bitcoin Shoots Up As Nasdaq Expands BlackRock ETF Options
Against the backdrop of the broader crypto market declining, Nasdaq’s International Securities Exchange (ISE) has asked regulators to let it quadruple the trading capacity tied to BlackRock’s IBIT Bitcoin ETF.
At last, IBIT options is finally getting the treatment it deserves—
Nasdaq just filed to increase options limit to 1 MILLION (from 25k a year ago)
Institutional vol is finally here
Happy Thanksgiving https://t.co/vqH75rUTSf pic.twitter.com/MpCHxHMW8q
— Jeff Park (@dgt10011) November 26, 2025
If this goes through, the daily trading limit for IBIT options would jump from 250,000 contracts to 1 million, highlighting a growing demand. In fact, the IBIT fund recently took over Deribit as the largest venue for Bitcoin options, with nearly $38 billion in open interest.
Moreover, this move would put IBIT in the same league as options tied to Apple, Nvidia, and the S&P 500 ETF.
Author Adam Livingston called the development “massive,” adding: “Bitcoin just became a macro asset baked into the US financial infrastructure.
EXPLORE: Next 1000X Crypto – Here’s 10+ Crypto Tokens That Can Hit 1000x This Year
Key Takeaways
- SpaceX moved $105M in Bitcoin, sparking speculation about custody, not liquidation
- Cathie Wood predicts crypto liquidity crunch will ease within weeks due to Fed policy shifts
- Nasdaq plans to quadruple trading limits for BlackRock’s Bitcoin ETF options
The post SpaceX Moves $105M Bitcoin, Wood Predicts Liquidity Easing, Nasdaq Boosts IBIT Options appeared first on 99Bitcoins.